Public banks are as important as public sewers; lack kills ~1 million/month

Public sewers:

  • keep concentrated that which should never be dispersed in society,
  • use appropriate technology to create a fertilizer for natural growth,
  • in absence results in toxicity to all economic and social activity.

Public banks:

  • keep dispersed that which should never be concentrated in society,
  • use appropriate technology to create a fertilizer for natural growth,
  • in absence results in toxicity to all economic and social activity.

The United States economy suffers from concentrated money of ~$30 trillion in off-shore tax havens by a 1% oligarchy pretending to be capitalism. This gluttony for oligarchs is the choice of US “leadership” while reneging on all promises to end poverty; the investment cost of which is 0.7% of US income over ~ten years for an estimated global total of $1 – $3 trillion. The human cost is ~one million children dying each month from preventable poverty in agonizing slow deaths. Importantly, ending poverty reduces birthrates in every historical case, while the CIA reports reducing child death rates as the best way to reduce global terrorism.

The US current condition of having private banks outside regulation and “covered” by complicit media, we have unnatural “growth” in gambling derivatives literally over $200 trillion. Our toxic economy suffers from Great Depression-like unemployment and under-employment, with our social lives similarly depressed from fear.

Public banking resolves all those problems. Public Banking Institute’s 2013 conference explains, documents, and proves these economic solutions:

Funding the end of poverty, domestically and globally, is as easy as creating either debt-free money or public bank credit on a computer-bank. Both would fund the work that would save a million children’s lives each month; the only difference is that money on the bank-computer would have a “+” sign next to the funding, while credit would have a “-” sign.

We the People do not have either solution, or leadership in government, economics, or media to clearly present this option to the 99%.

Why?

Because the 1% literally treat shit better than they regard the 99%.

What’s the solution?

Arrest “leadership” in government and media for the most obvious crimes in unlawful war, and in economics/banking for the more complicated financial crimes of massive fraud for representing our current system as “good” and “fair” for the 99% while it creates perpetual debt, loots trillions, harms billions of people, and kills millions of innocent human beings in tortuous suffering.

Public banking/monetary reform is one of perhaps 100 vital topics the 1% lie in omission and commission to conceal from the 99%. Earth’s inhabitants are at risk until we have full disclosure of Truth (explore here, here).

 

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